Bournemouth West Cliff Hotel, 7 Durley Chine Road, Bournemouth, BH2 5JS
- SIZE
Ask agent
- SECTOR
Hotel for sale
Key features
- 83 ensuite letting bedrooms
- Extensive food & beverage facilities
- Spa including indoor swimming pool/sauna
- Extensive car parking
- Potential to add letting bedrooms (STPP)
- EPC:68
- Christie & Co Ref: 3848017
Description
The Bournemouth West Cliff Hotel & Spa is located in the heart of Bournemouth, one of the most popular seaside destinations, with a thriving events scene.
The Hotel situates in close proximity to Bournemouth Beach, Bournemouth university and is only 7 miles from Bournemouth Airport. Bournemouth is a highly accessible location within easy reach of main conurbations including London, Southampton, Bristol and Oxford.
Trade inventory will be included in the sale. Stock at valuation on completion.
Key Investment HighlightsExcellent critical mass:
The Hotel features 83 ensuite bedrooms.
Extensive F&B and MICE facilities:
5 function suites with a maximum capacity of
200 delegates (150 guests in the largest
room, the Merlot Suite), complemented by a
premium dining restaurant and a lounge bar.
Substantial leisure offering:
The Hotel has extensive leisure facilities
including two indoor swimming pools, sauna
and steam facilities, an aromatherapy cave,
jacuzzi and spa pool.
Additional parking spaces:
The Hotel provides 80 parking bays, which is
rare in the heart of Bournemouth.
Superb connectivity:
A very popular beach destination within easy
reach of major cities such as London,
Southampton, Bristol and Oxford.
Increased bedroom capacity:
Potential to add 14 bedrooms through
conversion of the function spaces, of the
proposed 14 additional rooms, 12 of which
comprise suites enabling the hotel to attract
more medium/long stay guests.
Asset management opportunities:
The hotel also offers a wide range of potential
asset management initiatives including
expansion of the already successful
healthclub.
Branding and operating structure:
The Hotel can be sold free and clear of the
current management, offering an opportunity
for branding and alternative operating and
ownership structures.
Alternative use:
Bournemouth is a strong micro-location for
healthcare due to its accessibility and coastal
location. Subject to planning consent the hotel
could be repurposed into a healthcare living facility.
Tenure:
Freehold
The Hotel comprises of 83 rooms with the potential to expand to 97 keys. All rooms are complete with TV’s, tea and coffee amenities, desks and Wi-Fi.
The OpportunityVALUE ENHANCEMENT OPPORTUNITIES
INCREASED BEDROOMS CAPACITY:
The previously outlined 14-bedroom extension would optimise the space to increase the bedroom stock and decrease the meeting room space in the hotel. This scheme includes 12 suites, which will allow the Hotel to accommodate medium/long stay customers with premium offering. Whilst also providing additional rooms revenue, this would further optimise the P&L through the removal of additional operational departments which have a lower profit margin.
EXPANSION OF THE HEALTHCLUB:
The current healthclub has evolved organically and is now a successful business stream. The existing facilities can benefit from an expansion programme to attract visitors from a broader catchment.
.
ALTERNATIVE USE – HEALTHCARE:
Bournemouth is a strong micro-location for retirement living and the hotel’s close proximity to both the beach and town centre, alongside strong public transport links provides merit in the opportunity for a conversion to a healthcare living destination.
ASSET MANAGEMENT OPPORTUNITIES:
The hotel also represents a rare opportunity to acquire a hotel free of branding or management, thus providing a blank canvas for a new owner to reposition the asset in the market and benefit from both cost synergies and brand loyalty programs.
Any purchaser will be required to comply with
the relevant legislation in respect of present
employees.
Additional information including trading and all other relevant information can be found in the data room subsequent to acceptance of the NDA. Please click on the following link to access the NDA and data room.
Freehold. The sale will be by way of an asset sale as a
transfer of a going concern.
1st April 2023 £122,500.
Energy Performance Certificates
EPC 1Brochures
Bournemouth West Cliff Hotel, 7 Durley Chine Road, Bournemouth, BH2 5JS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bournemouth Station1.3 miles
- Branksome Station1.4 miles
- Parkstone Station2.6 miles
Notes
Disclaimer - Property reference 3848017-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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